Mercedes-Benz puts its plant outside Moscow up for sale

28 August, 02:40 PM
Russian buyer of plant won’t be able to assemble Mercedes cars, as parts are under sanctions (Photo:ukrainaelectro/Twitter)

Russian buyer of plant won’t be able to assemble Mercedes cars, as parts are under sanctions (Photo:ukrainaelectro/Twitter)

German carmaker Mercedes-Benz has decided to sell its assembly plant outside the Russian capital Moscow, Russian newspaper Kommersant reported on Aug. 26.

The concern’s Russian dealer, the Avtodom company, could be one of the buyers.

However, if the Russian company acquires the enterprise, it will not be able to assemble cars of the German company, as this requires supplies of spare parts, which have been suspended.

The plant began operations in 2019, but the investment has not yet paid off, so Mercedes-Benz may retain a buyback option.

Video of day

Mercedes-Benz is the second most popular brand of premium cars in Russia (followed by BMW). According to the results for 2021, the company sold 43,000 cars in Russia.

The supply of cars to Russia has been suspended due to sanctions imposed on Russia for its aggression against Ukraine.

Help NV continue reporting on the Russian invasion 

Follow us on Twitter, Facebook and Google News

poster
Ukraine Today
Fresh daily newsletter covering the top headlines and developments in Ukraine
Daily at 9am EST
Show more news
X